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Apartment in Elviria, 3 bedrooms, 129 m² €569.000

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3
Bedrooms
3
Bathrooms
129 m²
Surface area
€4411
Price per m²
Apartment
Property type
Apartment in Elviria, 3 bedrooms, 129 m² - Hoofdafbeelding
Apartment in Elviria, 3 bedrooms, 129 m² - Afbeelding 1
Apartment in Elviria, 3 bedrooms, 129 m² - Afbeelding 2
Apartment in Elviria, 3 bedrooms, 129 m² - Afbeelding 3
+29 photos

Analysis

Price
€569.000
Own investment (30%)
€170.700
Buyer costs
€56.900
Estimated nightly rate
€223,23
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€1.062,13
Maintenance costs
-€107,50
Cleaning costs
-€333,33
Platform fees
-€621,28
Municipal taxes
-€133,41
Tax (19%)
-€358
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€223,23
High season
€299
Mid season
€214,17
Low season
€159

Price determining factors

  • High-quality interior renovation and modern amenities.
  • Proximity to beaches, scenic views, and community facilities.
  • Strong demand for holiday and investment properties in Elviria.
  • Limited supply of similar high-end apartments in the area.

Comparable accommodations

Rate Hotel / apartment Distance
€260,80 Andalusian Villa with views, Pool, Garden & BBQ 14.9 km
€185 Villa La Guirnalda private pool/wifi/barbecue 21.5 km
€164,40 3 Bed Accommodation with Pool 12.7 km
€314 Livita, Space, Above the beach, Cala de mijas 10.7 km
€195,20 Hacienda el Alamo 12.8 km
€378,33 Casa Calma ǀ Private Pool ǀ Close to Beach + Golf 6.4 km
€210 Beach House 10.9 km
€84 Paradise, sun and beach. Charming terrace. 10.6 km
€185 Entire House with Terrace in Marbella 13.1 km
€382,40 Three bed house with pool 50 metres from the beach 17.2 km

Return & Value appreciation

Annual return

8.05%

5 Year Return

40.25%

10 Year Return

80.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: The apartment is fully renovated, which enhances its value and appeal.
  • Local market trends in 2027: The Costa del Sol region is expected to continue its popularity, supporting property appreciation.
  • Property type: Apartments in gated communities tend to retain value and appreciate steadily due to security and amenities.
  • Economic outlook in 2027: Spain's economy is projected to grow moderately, supporting real estate investments.
  • Demographic developments: Increasing demand from expatriates and holidaymakers will likely sustain property values.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities will positively influence property values.
  • Historical WOZ value trends: Consistent growth in property taxes indicates rising property values over time.

Possible improvements

  • Adding smart home technology for enhanced appeal.
  • Upgrading kitchen appliances or finishes for a more luxurious feel.
  • Improving outdoor spaces or balcony furniture.
  • Enhancing energy efficiency features, such as solar panels or better insulation.

Description

Discover this stunning, move-in-ready 3-bedroom apartment in the prestigious St. Maria Village, one of the most sought-after residential communities in Elviria, Spain. Nestled within a secure 24-hour gated community just five minutes from the beautiful beaches of Marbella, this property offers a perfect blend of comfort and luxury. The apartment features a modern, fully renovated interior with a spacious living room that seamlessly integrates an enclosed glass terrace, creating an expansive, bright living space ideal for relaxation and entertaining. The brand-new luxury kitchen is equipped with high-end appliances, making it a chef’s dream. With three generously sized bedrooms and three stylish bathrooms, this Elviria apartment provides ample space for family living or holiday retreat. Enjoy unobstructed sea and mountain views from the corner position in Block 6, offering a tranquil ambiance and stunning vistas. Additional amenities include a large 18-square-meter garage and a spacious storage room beneath the complex. The beautifully landscaped communal gardens and multiple swimming pools enhance the resort-style lifestyle. Situated in Elviria, Spain, this property is perfect for those seeking a secure, scenic, and conveniently located home or investment opportunity in the Costa del Sol. Don’t miss the chance to own this exceptional Elviria apartment, ideal for families or holidaymakers looking for a prime property in Spain.

Location

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